Do you know about those important things which you should not tell your real estate agent, we will tell you?
On legal terms and basis, the agent is all obligated to show interest in all of the negotiations and dealings which you signed with him. This is his fiduciary duty.
On the other hand, there is some amount of personal and financial information which you should not at all tell and convey to your agent. Here are the pieces of advice for you which will keep you in a harmless situation.
Get to know and figure out when a person should keep his mouth shut when working and communicating with his agent.
Do Not Tell Your Ideal Price To Your Real Estate Agent:
Never and ever tell the ideal and expected price to your real estate agent. By telling your dream price, you might experience several negative results.
Keep in mind that those houses which are priced above the market, tend to stay for a much longer time.
On the other side, the longer a house is going to stay on the market, the lower its sales price comes out to be.
Do Ask Your Agent To Keep On Giving You All Kinds Of Offers:
A professional agent always follows and completes his legal and ethical duty by offering and giving you all types of offers.
You should not tell your listing agent that you do not want to get the offer below a certain price. In this way, your agent might assume that you are not interested in making any deal.
It is a good practice to ask your agent to keep on and constantly giving you offers so that you can decide easily.
There are lots of unscrupulous agents present in the market. They run after a higher commission and scare to tell you anything about low offers. So, avoid contacting such agents.
Do Not Tell Your Listing Agent That He Has Plenty Amount Of Time To Sell Your Home:
If you are going to tell your listing agent that he has got enormous time to sell your home, then you will get into trouble eventually.
In this way, the listing agent is going to put his efforts into other tasks and will place your assignment on the back burner.
By telling him that you have got enough time, this way your agent will not concentrate on your given deadlines.
Such an action will not let you make quicker and higher sales. You have to convince and push your agent to move his marketing muscles so that he can sell your home quickly and also at a higher price.
We are sure now you have understood the things which you should not do or communicate to your real estate listing agent.
More guides will be shared with you regarding which personal and financial information should be conveyed to the agent and which one should not be leaked!